Oracle stock surges on Q1 earnings driven by AI demand

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 7 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

Brad Smith Nouvelles

Seana Smith,Adjusted Earnings,Amazon

Oracle (ORCL) stock is surging Tuesday morning since reporting a fiscal first quarter earnings beat yesterday, posting revenue of $13.31 billion (expected...

posting revenue of $13.31 billion and adjusted earnings of $1.39 per share .examine Oracle's profit tied to AI and data center demands pushing the cloud service operator higher. The company also announced a new partnership with Amazon's announces the addition of two enhanced high-voltage, Hall effect switch IC families to its automotive-compliant* product portfolio. The AH332xQ and AH352xQ offer a wide range of operating sensitivity options in SIP-3, SOT23 , and SC59 packages.

'No causal link' between Jeremy Kyle guest Steve Dymond's appearance on show and his death, coroner rules

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 47. in BE

Belgique Dernières Nouvelles, Belgique Actualités